September 10, 2024/InvestmentOne Report The NGXASI advanced today by 0.62% to close at 96,802.80.18pts as investors buy interest in MTNN (+7.54%), OANDO (+6.70%) and TRANSCORP (+2.27%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note driven by selloffs […]
Author: InvestAdvocate
Coronation Fixed Income and Exchange Rate Update
September 10, 2024/Coronation Research Summary Market liquidity closed negative at -N276.6bn on Friday (06, Sept ‘24). Call, overnight, and repo rates closed within the range of 8.7% – 31.7%, as rates in the money market tightened. Last week, the average NTB yield decreased by -150bps to close at 19.7% w/w. […]
Bulls Back as Nigerian Equities Gain +0.6%, Driven by MTNN, OANDO
September 10, 2024/Cordros Report EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in MTNN (+7.5%) and OANDO (+6.7%) drove the All-Share Index higher by 0.6% to 96,802.80 points. Thus, the Month-to-Date and Year-to-Date returns settled higher at +0.2% and +29.5%, respectively. The total volume of trades declined by […]
